Ukraine Crop Receipts Project Newsletter
September 25, 2018
|CROP RECEIPTS ON AIR||
CROP RECEIPTS RECORDS
as of September 25, 2018
688 crop receipts
287 Commodity Crop Receipts
for a total value of
2 billion 476 million UAH,
401 Financial Crop Receipts
for a total value of
1 billion 882 million UAH
Crops under pledge for crop receipts: corn, sunflower, wheat, soybean, rapeseed, buckwheat, barley, pea, rice, apples, raspberries, blueberries, garlic, sugar beets, potatoes, hay bales, dog rose, mustard, milk, carrot, watermelon
166 crop receipts closed for a total value of 1 billion 357 million UAH
Every two weeks on Thursday, starting from September, 27th, experts of the Crop Receipts Project will go live to answer any questions on crop receipts.
Simply register via the link, connect and ask questions through the chat to stay updated with the latest news on crop receipts.
Live stream video will be open for an hour starting at 11:00 AM.
More information you may find in this file.
|REGIONAL TRAININGS FOR DISTRIBUTORS|
Last week the Project held first two trainings on ‘Crop Receipts Endorsement’ for regional representatives of distributors and suppliers.
95% of participants noted that the information achieved on training is of high practical value. Don’t miss the chance to participate in the following events on the topic scheduled for:
(the invitations will be sent soon; if you’d like to participate, please contact our business development specialist Oleksandr Muliar - +380671373113)
|WORKSHOP FOR BANKING SECTOR|
In Kyiv on the 24th of September there was held a workshop for banking sector representatives on the topic ‘Crop Receipts: experience and implementation of systematic instrument usage’. Participants from different financial institutions got the information on key aspects of work with crop receipts and took part in the panel discussion about practical usage of the instrument. Invited speakers Oleg Ustenko (Executive director of the Bleyzer Foundation) and Kseniia Gorodetska (Business development manager, Syngenta) shared their point of view on macroeconomic trends and practical experience of farming companies credit assessment.
‘Crop receipts provide creditors, namely banks, with a possibility to mitigate unique sector risks, while general country risks remain relevant to everyone…’ — O. Ustenko
|IF YOU MISSED THE WEBINAR…|
If you happen to miss the webinar on crop receipts that you were interested in, you can find video records of all of the webinars in free access at the web-page of the State Crop Receipts Register via link.
|WEBINAR ‘CLOSING A CROP RECEIPT’|
A lot of previously issued crop receipts are due this autumn, for the further cooperation of creditors and farmers it is really important that the crop receipts are closed in the proper way. The experts of the Project will hold a webinar on the topic ‘Сlosing a crop receipt’ on 27 September, 11:00, (registration is available via link).
IFC is playing an important role in increasing access to finance for small and medium agricultural enterprises in Ukraine. With support from the Swiss State Secretariat for Economic Affairs (SECO), IFC launched a five-year program in 2015 that enables Ukrainian farmers to use crop receipts to obtain financing for working capital, equipment, high-quality seeds and other inputs. By 2020, it aims to facilitate up to $0.5 billion in agricultural financing through crop receipts. IFC collaborates closely with the Ministry of Agrarian Policy and Food, the Ministry of Justice, commercial banks, private companies in the agricultural supply chain, and other international organizations.
In partnership with: